Hi Max if you have look at pg 48 and pg 30 of cash flow report (VAT)...year 2029 on second slide a large sum of Vat accounted for...What was it you were saying again...?
The 5% ownership is at the Lindi Jumbo level not Walkabout Resources level & it is likely that it will be paid for at what value.Proper value...? The 16 % is only a distribution value if the government requires it...So far this has never been enforced although the rule was around pre Black Swan....
Croc
Ann: Launch of Proposed Senior Secured US$40m Loan Note Issue, page-253
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